Overall Considerations Quiz

Descripción

Quiz - Overall Considerations of IAS 1
brio32
Test por brio32, actualizado hace más de 1 año
brio32
Creado por brio32 hace más de 8 años
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Resumen del Recurso

Pregunta 1

Pregunta
The accrual basis of accounting means ....
Respuesta
  • accounting for transactions when the cash is received or paid out
  • accounting for transactions when they occur

Pregunta 2

Pregunta
What is the minimum requirement of comparative information that must be provided?
Respuesta
  • 1 Year
  • 2 Years
  • 3 Years

Pregunta 3

Pregunta
Offsetting assets & liabilities or income & expenses is permitted by IFRS - True or False?
Respuesta
  • True
  • False

Pregunta 4

Pregunta
Financial Statements must comply with the requirements of IFRS - what does IFRS stand for[blank_start]?[blank_end]
Respuesta
  • ?

Pregunta 5

Pregunta
Identify the following 3 overall considerations: G[blank_start]----[blank_end] C[blank_start]------[blank_end] C[blank_start]---------[blank_end]- I[blank_start]----------[blank_end] A[blank_start]------[blank_end] B[blank_start]----[blank_end] Of A[blank_start]---------[blank_end]
Respuesta
  • ----
  • ------
  • ---------
  • ----------
  • ------
  • ----
  • ---------
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